New Gen Holdings, Inc.401(k)
NEW GEN HOLDINGS, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
New Gen Holdings, Inc. reported $202 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $458 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Arizona (1,240th of 1,285), and 774th of 786 in management of companies. In 2024, employees put in $2.17 for every $1.00 the employer contributed.
New Gen Holdings, Inc.'s 2024 employer contribution ran below the $540 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 471812687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.